In addition to the talks, Offerpadtouredover150visitors in small groups throughout the new, state-of-the-art office.There werehomemaderefreshments andplenty of mingling time where prominent members of the community and Offerpad employees became acquainted.The day’s event culminated in a ribbon cutting ceremony to officiallyopen Offerpad’s new home.

GovernorDucey, who signed RepresentativeWeninger’sPropTechsandbox bill in March to encourage real estate tech innovation, acknowledged,“Arizona is becoming a premier destination for tech innovators and Offerpad is building on that reputation. Arizona is going to continue making sure innovative businesses like Offerpad can grow and thrive here for years to come.”

Chandler Mayor Kevin Hartke said,“I am delighted that Offerpad has chosen to keep their East Valley roots by expanding in Chandler.Chandler is known as the Innovation and Technology Hub of the Southwest because of the many innovative companies who have chosen to plant roots in our city, and I look forward to working with Offerpad as they continue to revolutionize the real estate industry."

From Arizona originally, Offerpad moved its corporate hub from Gilbert to neighboring Chandler in Phoenix’s East Valley in March. The company designed the new office with custom features to meet its needs and brand identity. The modern space aims toprovideemployees a great day-to-day experience in a collaborative environment while highlightingOfferpad’s mission and core values. The newlayoutis nearly 40,000 square feet—more than tripling the size of the company’s previous space.

“This is a milestone that marks the tremendous growth Offerpad has experienced since we got started less than four years ago.Over the past two years,employeegrowth has increasedalmost 400percent. Our new headquarters is great for us internally and it will help us continue to innovate real estate solutions for consumers around the country,” said Offerpad founder and CEO, Brian Bair.

Offerpad, which emphasizes “Homes Not Houses” created its new office to feel more like home. It was designed with numerous unique meeting spacesbearingnameslikeLiving Room, Dining Room and Workshop. The headquarters’ floating mezzanine “Sundeck” is outfitted with meeting spaces inspired by the comforts of the home patio or backyard as well as leisure sports for employees and visitors to enjoy; the entry “Front Yard” area includes a large tree and bicycles; and there are couches andmeetingnooks throughout the building’s open floor plan.

Head of Brand at Offerpad and lead on the headquarters’ design explained, “We like to see our people as a family. Everyone comesinevery day expecting to work toward their goalsandthe way we want to encourage that is by creating a comfortable home environment that helps them take in the company’s missionwhich iscentered on happy customers having excellent home experiences. We really wanted to bring that part of our brand to life for our employees and visitors.”

About Offerpad

Offerpad is revolutionizing the real estate industry by providing an innovative and convenient way to sell or buy a home. Founded in 2015, the leadership team brings decades of real estate experience that collectively has purchased, renovated, and rented or sold more than 100,000 homes. Offerpad is a privately held company, headquartered in Arizona, with markets in Atlanta, Austin, Charlotte, Dallas-Fort Worth, Houston, Las Vegas, Los Angeles, Orlando, Phoenix, Raleigh, Salt Lake City, San Antonio, Tampa, and Tucson.

About the Arizona Commerce Authority

The Arizona Commerce Authority (ACA) is the state's leading economic development organization with a streamlined mission to grow and strengthen Arizona's economy. The ACA uses a three-pronged approach to advance the overall economy: attract, expand, create - attract out-of-state companies to establish operations in Arizona; work with existing companies to expand their business in Arizona and beyond; and help entrepreneurs create new Arizona businesses in targeted industries. For more information, please visit azcommerce.com and follow the ACA on Twitter at @azcommerce.